PRESS

Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a financing package to fund the acquisition of two skilled nursing facilities in Indiana.The package included a $28.5 million nonrecourse bridge-to-HUD loan, featuring a five-year term, one year of interest-only payments and a 25-year amortization schedule. Additionally, Harborview arranged a $2.3 million working capital line to accompany the senior debt. The two facilities total 230 beds.Ephraim Kutner and Reuben Knobel negotiated the financing.

Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $63 million bridge-to-HUD loan for a skilled nursing facility and two adult day care centers in Brooklyn. The loan refinances existing debt. The local borrower plans to improve the facility with a new rehabilitation gym. David Nussbaum and Jeffrey Fuchs of Harborview negotiated the transaction.

Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged $22.5 million in financing for two seniors housing communities in the northern suburbs of New York City.The bridge-to-HUD financing will fund the acquisition of an 80-bed assisted living facility and a 120-bed skilled nursing facility that share a campus. A local lender provided the loan. Further details on the borrower and community were not disclosed.Jonathan Kutner, Eli Kutner and Reuben Knobel of Harborview negotiated the financing.

Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a total of $24.6 million in financing for assisted living communities in Sebastian and Macon.In the first transaction, Harborview arranged an $18.6 million construction loan for a 123-unit assisted living and memory care facility in Sebastian. The site contains close to seven acres of land area.A Georgia-headquartered bank provided the capital to a joint venture between a New Jersey-based developer and a Florida-based operator. The loan features interest-only payments for 42 months followed by a 25-year amortization. There are no pre-payment penalties.In the second transaction, Harborview arranged a $6 million refinancing for an 81-unit assisted living and memory care community in Macon. The five-year, non-recourse loan features 12 months of interest-only payments.Harborview financed the borrower’s acquisition of this facility in 2015, followed by $400,000 in capital improvements and a change of operator. This is the third transaction Harborview has arranged for the Chicago-based borrower.Jeffrey Fuchs arranged both transactions.

Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $47.5 million acquisition loan for three skilled nursing facilities totaling over 400 beds in Florida.A large balance-sheet lender provided the three-year, interest-only bridge loan.Eli Kutner and Rafael Sod negotiated the financing.

Lawrence, N.Y.-based Harborview Capital Partners has arranged the $16 million refinancing of a multifamily property in Oklahoma that comprises more than 300 units. The non-recourse loan was financed through HUD’s MAP 223(f) program and features an 80 percent loan-to-value (LTV) ratio and a 35-year fixed-rate term. Jeffrey Fuchs of Harborview secured the loan on behalf of a California-based borrower, which purchased the property two years ago and implemented a $4 million capital improvement plan.

Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $13.3 million loan for the construction of an 84-unit assisted living and memory care community in Oregon. Avi Begun of Harborview closed the transaction for the Oregon-based client.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $30,000,000 HUD loan for a multifamily property outside of Denver, Colorado. The loan was refinanced through HUD’s 223(f) program with a non-recourse interest rate fixed for 35 years. The transaction was originated by Avi Begun.

Jeffrey Fuchs of Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged several loans totaling $38,113,740 for multifamily properties located in Connecticut, Indiana, Oklahoma, and Washington.The $38,113,740 consists of six acquisition loans totaling $12,362,190 for a 339-unit multifamily portfolio in Norman, Oklahoma, a $5,000,000 acquisition loan for a 120-unit property located just outside of Indianapolis, a $3,786,550 acquisition loan for a 100-unit property located in Tulsa, Oklahoma, a pair of loans totaling $2,215,000, for two properties located in Branford, Connecticut and five Freddie Mac Small Balance loans totaling $14,750,000 for a 127-unit multifamily portfolio in Seattle, Washington. The five Freddie Mac loans provided significant cash-out to the borrower and featured rates below 4%.All of the loans were recently closed by Jeff Fuchs, and the two Branford, Connecticut transactions were co-originated by Ely Gemara.Fuchs also closed a $1,125,000 loan for the refinance of a single-unit office property as well two loans totaling $1,731,000 for a pair of Family Dollars located in Lorenzo and Paducah, Texas.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $6,337,900 HUD loan for an assisted living facility in Putnam County, Tennessee. The loan was refinanced through HUD’s 232/223(a)(7) program with a non-recourse interest rate fixed for 35 years. Harborview was able to take advantage of an early rate lock. The transaction was originated by Avi Begun.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $14,200,000 loan for a four facility skilled nursing portfolio totaling 472 beds in Texas. The refinance loan features a competitive Libor-based rate, limited recourse and a 3-year term. The transaction was originated by Avi Begun and negotiated by David Nussbaum.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged four bridge loans totaling $11,001,550 for four multifamily properties located in Connecticut, Indiana and Oklahoma. The $11,001,500 consists of a $5,000,000 loan for a 120-unit property located just outside of Indianapolis, a $3,786,550 loan for a 100-unit property located in Tulsa, Oklahoma and a $2,215,000 loan for two properties located in Branford, Connecticut. The borrowers have plans to implement a value-add strategy and for Harborview to take all four transactions to agency. The loans were recently closed by Jeff Fuchs, and the two Branford, Connecticut transactions were co-originated by Ely Gemara.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $44,775,000 loan for two skilled nursing facilities in Tampa and Jupiter, Florida. The acquisition and refinance loans provided by a national lender feature a competitive Libor-based rate, 25-year amortization with 12-months interest-only and a 3-year term. The transaction was originated by Senior Originator, Eli Kutner and Jonathan Kutner, principal at the firm.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $19,212,000 bridge to HUD loan and a $1,500,000 A/R line of credit for a skilled nursing facility in Westchester, New York. The $20,712,000 loan provided by a national lender features a competitive Libor-based rate, a three-year term with full-term interest-only and 80% LTC. The A/R LOC was provided at the same competitive rate as the senior credit facility. The transaction was originated by Senior Originator, Eli Kutner and Jonathan Kutner principal at the firm.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $7,000,000 Fannie Mae cash-out refinance loan for a 69-unit assisted living facility located in Central Georgia. The seven-year loan for a repeat client of Harborview features a competitive interest rate and 30-year amortization. The transaction was originated by Jeff Fuchs of Harborview.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged the sale and financing for a three facility skilled nursing portfolio located in Ohio for a New York based owner and operator. The $20,700,000 bridge to HUD loan includes a $2,300,000 mezzanine loan through Harborview’s balance sheet mezzanine product. The $18,400,00 loan for the 254 bed portfolio features a 3-year term and 25-year amortization. The transaction was arranged by Jeff Fuchs and Avi Begun, Senior Originators and David Nussbaum, Director of Capital Markets at Harborview.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $36,350,000 acquisition loan for two skilled nursing facilities located in Nashville, Tennessee. The $36,350,000 loan features partial recourse, a competitive Libor+235 based rate and 30-year amortization. The transaction was originated Eli Kutner, Senior Originator at Harborview.

Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged an $14,500,000 construction loan for a 40-bed skilled nursing facility located in Sacramento, California. The $14,500,000 loan was syndicated between three banks. The loan features 24 months of interest only payments and 25-year amortization. The transaction was originated by Avi Begun, Senior Originator at Harborview, who negotiated the loan in conjunction with Mordechai Moseson, an analyst at the firm.

Harborview Capital Partners Closes Two Bridge Loans Totaling $19,300,000 for Two Independent Living Facilities in Michigan and TexasHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged two bridge loans for Titan Senquest totaling $19,300,000 for two independent living facilities totaling 326-beds in Bryan, Texas and Grand Rapids, Michigan. The non-recourse loans feature competitive Libor+3.00 and Libor+3.50 rates. The transaction was arranged by Avi Begun and Eric Gorlechen of Harborview.“Harborview exceeded our expectations and worked diligently and efficiently to ensure a smooth process and a timely closing. We look forward to working with them on future transactions,” said the client.

Harborview Capital Partners, a full-service commercial real estate finance firm has negotiated over $180,000,000 in Healthcare loans recently. The loans provided financing for facilities across the Country in Tennessee, Ohio, California, Illinois, New Jersey, New York, Pennsylvania, Texas, Minnesota, Massachusetts and Florida. The Bank, HUD and Fannie Mae loans were negotiated by Harborview’s team of experienced originators from their New York, Canada and Philadelphia offices.

Harborview Capital Partners Closes an $11,440,000 HUD Refinance of a Skilled Nursing Facility in MassachusettsHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged an $11,440,000 HUD loan for a 120-bed Skilled Nursing Facility located outside of Boston, Massachusetts. The loan was refinanced through HUD’s 232/223f program with a non-recourse interest rate fixed for 35 years. The transaction was originated by Harborview’s Managing Director and Principal, Jonathan Kutner.

Harborview Capital Partners Closes a $68,300,000 Loan for the Refinance of a Senior Living Portfolio in Tennessee and KentuckyHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $68,300,000 loan for a Senior Living Portfolio on behalf of Goodworks Unlimited. The transaction was originated by Avi Begun, Senior Originator at Harborview who negotiated the loan in conjunction with David Nussbaum, Harborview’s Director of Capital Markets. The portfolio consists of nineteen assisted living, memory care and independent living facilities located in Tennessee and Kentucky. The $68,300,000 in financing was provided by a regional bank and will be used to refinance existing debt and equips the community for future growth and expansion. Harborview was able to deliver their client a five-year deal with an unprecedented rate of Libor+155 basis points.“Harborview’s speedy execution and diligence in this transaction was extremely impressive. The terms they arranged were unparalleled to anything I’ve seen in the market. They exceeded my expectations and provided value well beyond what a typical commercial real estate finance firm brings to a portfolio deal. I look forward to working with them on future transactions,” said the client.

Harborview Capital Partners Closes a $14,500,000 Refinance of a Skilled Nursing Facility in IllinoisHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $14,500,000 refinance loan for a 176-bed Skilled Nursing Facility located outside of Chicago, Illinois. The loan features a 3-year term, 25-year amortization and a competitive Libor-based rate. The transaction was originated by the firm’s principals, Ephraim Kutner and Jonathan Kutner.  

Harborview Capital Partners Closes Two Multifamily Acquisition Loans Totaling $5,697,660 for California-Based Client Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged two acquisition loans totaling $5,697,660 for two Multifamily assets located in Little Rock and Oklahoma City. The recent loans are the third and fourth deals Harborview has closed for this repeat California-based client in 2016. Jeff Fuchs, a Senior Originator at Harborview negotiated the four transactions.The first of the two recent transactions was a $3,100,000 conventional bridge loan for the acquisition of an 80-unit Multifamily Property in Little Rock. The loan features a competitive interest rate of LIBOR+3.00% and 18 months of interest-only payments. The second transaction was a $2,597,660 Freddie Mac Small Balance loan for a 68-unit Multifamily Property in Oklahoma City. The 10-year fixed rate loan features 36 months of interest-only payments at 80% LTV.“We are proud to have provided these two loans for our repeat client. Both cases are examples of how Harborview’s long-standing lender relationships help obtain outstanding loan terms, including competitive interest rates and significant interest-only periods,” said Fuchs.

Harborview Capital Partners Closes a $22,000,000 Construction Loan for a Mixed-Use Office Redevelopment in TexasHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $22,000,000 construction loan for Mixed-Use Office Redevelopment in Dallas, Texas. The construction loan features a competitive Libor+3.25 rate with 3 years of interest-only payments and a thirty six-month term. The transaction was originated by Ephraim Kutner, the firm’s President and CEO and was negotiated by Andrew Eisen, Senior Analyst at Harborview.

Harborview Capital Partners Closes a $8,875,000 Acquisition Loan for a Skilled Nursing Facility in Massachusetts and Arranges $1,500,000 in AR FinancingHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged an $8,875,000 acquisition loan for a 160-bed Skilled Nursing Facility located in Milton, Massachusetts. The acquisition loan features a competitive Libor based fixed rate with 25-year amortization and a ten-year term. The transaction was originated by Eli Kutner, Senior Originator at Harborview.

Harborview Capital Partners Closes a $3,187,500 Acquisition Loan for a Skilled Nursing Facility in Florida Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $3,187,500 acquisition loan for a 135-bed Skilled Nursing Facility located in Tampa, Florida. The acquisition loan features a competitive Libor+3.25 rate with 20-year amortization and a three-year term. The transaction was originated by Eli Kutner, Senior Originator at Harborview.

Harborview Capital Partners Closes a $6,875,000 Refinance of Two Skilled Nursing Facilities in IllinoisHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $6,875,000 refinance loan for two Skilled Nursing Facilities located in Gilman, Illinois and Pershing, Illinois. The refinance loan features a competitive Libor based rate with 25-year amortization and a five-year term. The transaction was originated by Jonathan Kutner, Managing Director and Principal at Harborview.

Harborview Capital Partners Closes a $12,000,000 Acquisition Loan for a Skilled Nursing Facility in PhiladelphiaHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $12,000,000 acquisition loan for a 180-bed Skilled Nursing Facility located in West Philadelphia, Pennsylvania. The non-recourse loan features a competitive Libor+3.75 rate with 25-year amortization and a three-year term. The transaction was originated by Eli Kutner, Senior Originator at Harborview. 

Harborview Capital Partners Closes a $34,890,000 Acquisition Loan for a Skilled Nursing Portfolio in TennesseeHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $34,890,000 acquisition loan for a 496-bed Skilled Nursing Portfolio. The portfolio consists of two homes located in Gallatin and Lebanon, Tennessee. The acquisition loan features a competitive Libor+2.85 rate with 25-year amortization and a three-year term. The transaction was originated by Eli Kutner, Senior Originator at Harborview.

Harborview Capital Partners Closes a $15,000,000 Acquisition Loan for a Skilled Nursing Facility in New JerseyHarborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged and advised a $15,000,000 acquisition of a 135-bed Skilled Nursing Facility located in Wall Township, New Jersey. The transaction was originated by Jonathan Kutner, Managing Director and Principal and Eli Kutner, Senior Originator at Harborview.

Harborview Capital Partners Closes a $16,000,000 Refinance of a Skilled Nursing Facility Located in IllinoisHarborview Capital Partners Closes a $16,000,000 Refinance Harborview Capital Partners, a leading commercial real estate finance, equity and advisory firm, has arranged a $16,000,000 refinance of a Skilled Nursing Facility located in Illinois. The loan for a Chicago, Illinois based client, features 25-year amortization with a 5-year term. The $16,000,000 loan was utilized to pay off existing debt and provided cash-out proceeds to the Borrower. The transaction was originated by Jonathan Kutner, the firm’s Managing Director and Principal and was negotiated by, David Chiger, Senior Analyst at Harborview.

Harborview Capital Partners Closes Six Separate Multifamily Transactions Totaling $30,700,000 For Seattle, Washington-Based ClientHarborview Capital Partners, a full-service commercial real estate finance firm, has arranged $30,700,000 in loans for six multifamily properties located in Seattle, Washington and Palm Springs, California.Jeff Fuchs, Senior Originator, who is based in Harborview’s New York headquarters negotiated the transactions. The subject properties consist of 343 total units, and all of the transactions provided cash-out to the borrower.$15,000,000 CMBS, 196 units, Seattle, Washington$5,000,000 Freddie Mac, 33 units, Seattle, Washington$3,050,000 Freddie Mac, 28 units, Seattle, Washington$2,870,000 Freddie Mac, 24 units, Seattle, Washington$2,680,000 Freddie Mac, 26 units, Seattle, Washington$2,100,000 Bank, 36 units, Palm Springs, California“Working with this experienced client has presented a unique opportunity for Harborview to showcase many of our loan products, including agency, CMBS and traditional bank financing. We are looking forward to future closings with this client,” said Fuchs.

Harborview Capital Partners Closes a $73,000,000 Refinance of a Nine Building Skilled Nursing Portfolio Located throughout Ohio and MarylandApril 2016Harborview Capital Partners, a full service commercial real estate finance firm, has arranged a $73,000,000 Bridge and Revolver loan for the refinancing of a skilled nursing portfolio. The nine building portfolio has 936 beds and is located throughout Ohio and Maryland. The deal consisted of a $12,000,000 revolver loan and a $61,000,000 bridge loan. The capital stack was further enhanced by a mezzanine loan in the amount of $8,500,000. Funds were used to refinance existing debt, exercise purchase options and consolidate balance sheets, in preparation for bringing the portfolio to HUD.The transaction was originated by the firm’s Principals, Ephraim Kutner and Jonathan Kutner and was negotiated by Gershon Yarmush, Senior Loan Analyst, in Harborview’s New York headquarters. The five-year loan features a competitive LIBOR based interest rate, and one year of interest only payments, and no personal recourse.“Working with Harborview on this complex transaction was a pleasure. They were able to provide not only the financing, leverage, results and terms we needed but also assisted with structuring and syndication efforts,” said Charlie Stoltz, CFO and a Principal of CommuniCare. “This partnership has allowed us to focus on our core mission of providing quality affordable care across our skilled living portfolio.” 

Harborview Capital Partners Closes an $11,600,000 Loan for the Purchase of a Multifamily Property Located in Oklahoma City, OklahomaHarborview Capital Partners, a full service commercial real estate finance firm, has arranged an $11.6 million acquisition loan for the purchase of a multifamily property with 304 units located in Oklahoma City, Oklahoma.Jeff Fuchs, Senior Originator, who is based in Harborview’s New York headquarters negotiated the transaction. The five-year loan, provided by a regional lender, features a competitive one-month LIBOR based interest rate, and two years of interest-only payments.The 304-unit multifamily property totals 172,368 sq. feet. The property consists of 19 two-story, garden style residential buildings and is situated on 10.72 acres. The property’s amenities include two swimming pools, over 400 parking spaces, two laundry facilities and a clubhouse.“We were impressed with their tenacity in finding the right product for our purchase. Far from being a typical purchase loan, Jeff and Andrew were able to track down a loan that fit our needs and set up the project for success. We will definitely work with them in the future”, the client said.